Global Microneedle Patches Market
Global Microneedle Patches Market

Microneedle Patches Comprehensive Study by Type (Dissolving Type, Insoluble Type), Application (Medical, Cosmetics)

Microneedle Patches Market Segmented into XX Submarkets. | Forecast Years: 2021- 2026  

Aug 2021 Edition 205 Pages 217 Tables & Figures
  • Summary
  • Market Segments
  • Table of Content
  • List of Tables & Figures
  • Companies Mentioned
Global Microneedle Patches Market Overview:
A Microneedle Patches is an array/patch for transdermal drug delivery. Microneedles are tiny tools used to convey vaccines or different medications across different obstructions, while the transdermal application is the most mainstream utilization of microneedles, intraocular and intracochlear microneedle drug conveyance frameworks are arising. Microneedles are built through different techniques typically including photolithographic measures or micro molding. These strategies include scratching minute construction into gum or silicon to project microneedles. Microneedles are produced using an assortment of materials going from silicon, titanium, tempered steel, and polymers. Some microneedles are made of a medication to be conveyed to the body however are molded into a needle so they will enter the skin.

Growth Drivers
  • Growing research and development initiatives
  • Growing demand for a safer alternative to conventional hypodermic injections

Roadblocks
  • Drug degradation and poor absorption
  • Local irritation and variability in absorption

Opportunities
  • Continuous research and development of new framework regarding microneedle patches in emerging countries
  • Formulation of standard rules and regulations for safety measures

Challenges
  • High cost of research and development
  • Development of favorable government policies regarding health care infrastructure and awareness of contagious diseases.


Competitive Landscape:
The leading organizations in the market to avail competitive advantage makes new launches of the microneedle patch under their own brand. The companies know that different players are coming into the market and they are making the collaboration with the other leading players and develop new systems.
Some of the key players profiled in the report are Skyn ICELAND (United States), Sparsha Pharma (India), Raphas (Korea), Micropoint Technologies (Singapore), Bela LAB (United States), Nissha Co. (Japan), CosMED Pharmaceutica (Japan), Micron Biomedical (United States) and Win Coat Corporation (India). Analyst at AMA Research see United States Players to retain maximum share of Global Microneedle Patches market by 2026.

Latest Market Insights:
On 27 September 2019, LOUGHBOROUGH, England Nemaura Pharma Limited, a UK-based Biopharmaceutical Company specializing in transdermal and injectable drug delivery systems announced a strategic collaboration with Sparsha USA. Sparsha is based in California and specializes in the development and commercial manufacture of transdermal patches and oral thin films. Under the terms of the strategic collaboration, Nemaura will develop transdermal therapeutic systems at its facilities in Loughborough UK, up to pilot clinical manufacture, for global Pharmaceutical companies as well as internally funded programs.

On 14 May 2019, Nissha Co., Ltd. has begun selling its own brand cosmetic microneedle patch SHOT MODE series. Using its core technologies of high-precision molding and laminating, Nissha has succeeded in developing hyaluronic acid-based microneedles. This is the first time that Nissha has started selling the cosmetic microneedle patches under its own brand.

What Can be Explored with the Microneedle Patches Market Study
 Gain Market Understanding
 Identify Growth Opportunities
 Analyze and Measure the Global Microneedle Patches Market by Identifying Investment across various Industry Verticals
 Understand the Trends that will drive Future Changes in Microneedle Patches
 Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Microneedle Patches market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Microneedle Patches market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Skincare Hospitals, Industrial Associations, Government Regulatory Bodies, Government Research Organizations and Private Research Organizations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.

Frequently Asked Questions (FAQ):

1. What is the growth rate predicted for the Global Microneedle Patches Market?
The Microneedle Patches market is expected to see a CAGR of % during projected year 2020 to 2026.

2. Who are the top performing companies in Microneedle Patches Market?
Top performing companies in the Global Microneedle Patches market are Skyn ICELAND (United States), Sparsha Pharma (India), Raphas (Korea), Micropoint Technologies (Singapore), Bela LAB (United States), Nissha Co. (Japan), CosMED Pharmaceutica (Japan), Micron Biomedical (United States) and Win Coat Corporation (India), to name a few.

3. What trending factors would impact Microneedle Patches Market growth most?
"Increase in adoption in a number of safety issues that are emerging, which have short and long term implications for clinicians, patients " is seen as one of major influencing trends for Microneedle Patches Market during projected period 2020-2026.

Report Objectives / Segmentation Covered
By Type
  • Dissolving Type
  • Insoluble Type
By Application
  • Medical
  • Cosmetics
By Regions
    • 1. Market Overview
      • 1.1. Introduction
      • 1.2. Scope/Objective of the Study
        • 1.2.1. Research Objective
    • 2. Executive Summary
      • 2.1. Introduction
    • 3. Market Dynamics
      • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Growing research and development initiatives
        • 3.2.2. Growing demand for a safer alternative to conventional hypodermic injections
      • 3.3. Market Challenges
        • 3.3.1. High cost of research and development
        • 3.3.2. Development of favorable government policies regarding health care infrastructure and awareness of contagious diseases.
      • 3.4. Market Trends
        • 3.4.1. Increase in adoption in a number of safety issues that are emerging, which have short and long term implications for clinicians, patients
        • 3.4.2. Increase in use of microneedle patches for the prevalence of cardiovascular diseases and stroke globally
    • 4. Market Factor Analysis
      • 4.1. Porters Five Forces
      • 4.2. Supply/Value Chain
      • 4.3. PESTEL analysis
      • 4.4. Market Entropy
      • 4.5. Patent/Trademark Analysis
    • 5. Global Microneedle Patches, by Type and Application (value and price ) (2015-2020)
      • 5.1. Introduction
      • 5.2. Global Microneedle Patches (Value)
        • 5.2.1. Global Microneedle Patches by: Type (Value)
          • 5.2.1.1. Dissolving Type
          • 5.2.1.2. Insoluble Type
        • 5.2.2. Global Microneedle Patches by: Application (Value)
          • 5.2.2.1. Medical
          • 5.2.2.2. Cosmetics
      • 5.3. Global Microneedle Patches (Price)
        • 5.3.1. Global Microneedle Patches by: Type (Price)
    • 6. Microneedle Patches: Manufacturers/Players Analysis
      • 6.1. Competitive Landscape
        • 6.1.1. Market Share Analysis
          • 6.1.1.1. Top 3
          • 6.1.1.2. Top 5
      • 6.2. Peer Group Analysis (2020)
      • 6.3. BCG Matrix
      • 6.4. Company Profile
        • 6.4.1. Skyn ICELAND (United States)
          • 6.4.1.1. Business Overview
          • 6.4.1.2. Products/Services Offerings
          • 6.4.1.3. Financial Analysis
          • 6.4.1.4. SWOT Analysis
        • 6.4.2. Sparsha Pharma (India)
          • 6.4.2.1. Business Overview
          • 6.4.2.2. Products/Services Offerings
          • 6.4.2.3. Financial Analysis
          • 6.4.2.4. SWOT Analysis
        • 6.4.3. Raphas (Korea)
          • 6.4.3.1. Business Overview
          • 6.4.3.2. Products/Services Offerings
          • 6.4.3.3. Financial Analysis
          • 6.4.3.4. SWOT Analysis
        • 6.4.4. Micropoint Technologies (Singapore)
          • 6.4.4.1. Business Overview
          • 6.4.4.2. Products/Services Offerings
          • 6.4.4.3. Financial Analysis
          • 6.4.4.4. SWOT Analysis
        • 6.4.5. Bela LAB (United States)
          • 6.4.5.1. Business Overview
          • 6.4.5.2. Products/Services Offerings
          • 6.4.5.3. Financial Analysis
          • 6.4.5.4. SWOT Analysis
        • 6.4.6. Nissha Co. (Japan)
          • 6.4.6.1. Business Overview
          • 6.4.6.2. Products/Services Offerings
          • 6.4.6.3. Financial Analysis
          • 6.4.6.4. SWOT Analysis
        • 6.4.7. CosMED Pharmaceutica (Japan)
          • 6.4.7.1. Business Overview
          • 6.4.7.2. Products/Services Offerings
          • 6.4.7.3. Financial Analysis
          • 6.4.7.4. SWOT Analysis
        • 6.4.8. Micron Biomedical (United States)
          • 6.4.8.1. Business Overview
          • 6.4.8.2. Products/Services Offerings
          • 6.4.8.3. Financial Analysis
          • 6.4.8.4. SWOT Analysis
        • 6.4.9. Win Coat Corporation (India)
          • 6.4.9.1. Business Overview
          • 6.4.9.2. Products/Services Offerings
          • 6.4.9.3. Financial Analysis
          • 6.4.9.4. SWOT Analysis
    • 7. Global Microneedle Patches Sale, by Type and Application (value and price ) (2021-2026)
      • 7.1. Introduction
      • 7.2. Global Microneedle Patches (Value)
        • 7.2.1. Global Microneedle Patches by: Type (Value)
          • 7.2.1.1. Dissolving Type
          • 7.2.1.2. Insoluble Type
        • 7.2.2. Global Microneedle Patches by: Application (Value)
          • 7.2.2.1. Medical
          • 7.2.2.2. Cosmetics
      • 7.3. Global Microneedle Patches (Price)
        • 7.3.1. Global Microneedle Patches by: Type (Price)
    • 8. Appendix
      • 8.1. Acronyms
    • 9. Methodology and Data Source
      • 9.1. Methodology/Research Approach
        • 9.1.1. Research Programs/Design
        • 9.1.2. Market Size Estimation
        • 9.1.3. Market Breakdown and Data Triangulation
      • 9.2. Data Source
        • 9.2.1. Secondary Sources
        • 9.2.2. Primary Sources
      • 9.3. Disclaimer
    List of Tables
    • Table 1. Microneedle Patches: by Type(USD Million)
    • Table 2. Microneedle Patches: by Application(USD Million)
    • Table 3. Microneedle Patches: by Type(USD/Units)
    • Table 4. Company Basic Information, Sales Area and Its Competitors
    • Table 5. Company Basic Information, Sales Area and Its Competitors
    • Table 6. Company Basic Information, Sales Area and Its Competitors
    • Table 7. Company Basic Information, Sales Area and Its Competitors
    • Table 8. Company Basic Information, Sales Area and Its Competitors
    • Table 9. Company Basic Information, Sales Area and Its Competitors
    • Table 10. Company Basic Information, Sales Area and Its Competitors
    • Table 11. Company Basic Information, Sales Area and Its Competitors
    • Table 12. Company Basic Information, Sales Area and Its Competitors
    • Table 13. Microneedle Patches: by Type(USD Million)
    • Table 14. Microneedle Patches: by Application(USD Million)
    • Table 15. Microneedle Patches: by Type(USD/Units)
    • Table 16. Research Programs/Design for This Report
    • Table 17. Key Data Information from Secondary Sources
    • Table 18. Key Data Information from Primary Sources
    List of Figures
    • Figure 1. Porters Five Forces
    • Figure 2. Supply/Value Chain
    • Figure 3. PESTEL analysis
    • Figure 4. Global Microneedle Patches: by Type USD Million (2015-2020)
    • Figure 5. Global Microneedle Patches: by Application USD Million (2015-2020)
    • Figure 6. Global Microneedle Patches: by Type USD/Units (2015-2020)
    • Figure 7. Global Microneedle Patches share by Players 2020 (%)
    • Figure 8. Global Microneedle Patches share by Players (Top 3) 2020(%)
    • Figure 9. Global Microneedle Patches share by Players (Top 5) 2020(%)
    • Figure 10. BCG Matrix for key Companies
    • Figure 11. Skyn ICELAND (United States) Revenue, Net Income and Gross profit
    • Figure 12. Skyn ICELAND (United States) Revenue: by Geography 2020
    • Figure 13. Sparsha Pharma (India) Revenue, Net Income and Gross profit
    • Figure 14. Sparsha Pharma (India) Revenue: by Geography 2020
    • Figure 15. Raphas (Korea) Revenue, Net Income and Gross profit
    • Figure 16. Raphas (Korea) Revenue: by Geography 2020
    • Figure 17. Micropoint Technologies (Singapore) Revenue, Net Income and Gross profit
    • Figure 18. Micropoint Technologies (Singapore) Revenue: by Geography 2020
    • Figure 19. Bela LAB (United States) Revenue, Net Income and Gross profit
    • Figure 20. Bela LAB (United States) Revenue: by Geography 2020
    • Figure 21. Nissha Co. (Japan) Revenue, Net Income and Gross profit
    • Figure 22. Nissha Co. (Japan) Revenue: by Geography 2020
    • Figure 23. CosMED Pharmaceutica (Japan) Revenue, Net Income and Gross profit
    • Figure 24. CosMED Pharmaceutica (Japan) Revenue: by Geography 2020
    • Figure 25. Micron Biomedical (United States) Revenue, Net Income and Gross profit
    • Figure 26. Micron Biomedical (United States) Revenue: by Geography 2020
    • Figure 27. Win Coat Corporation (India) Revenue, Net Income and Gross profit
    • Figure 28. Win Coat Corporation (India) Revenue: by Geography 2020
    • Figure 29. Global Microneedle Patches: by Type USD Million (2021-2026)
    • Figure 30. Global Microneedle Patches: by Application USD Million (2021-2026)
    • Figure 31. Global Microneedle Patches: by Type USD/Units (2021-2026)
    Some of the key companies/manufacturers profiled in the report
    • Skyn ICELAND (United States)
    • Sparsha Pharma (India)
    • Raphas (Korea)
    • Micropoint Technologies (Singapore)
    • Bela LAB (United States)
    • Nissha Co. (Japan)
    • CosMED Pharmaceutica (Japan)
    • Micron Biomedical (United States)
    • Win Coat Corporation (India)
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